Accounting –


[1] Elements and Case Citations

(1) Plaintiff and defendant share a fiduciary relationship or entered a complex transaction; and

(2) A remedy at law is inadequate.

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Florida State Courts

Third District: Bankers Trust Realty Inc. v. Kluge, 672 So. 2d 897, 898 (Fla. 3d DCA 1996)

Florida Federal Courts

Eleventh Circuit: Am. United Life Ins., Co. v. Martinez, 480 F.3d 1043, 1071 (11th Cir. 2007)

Southern District: Staup v. Wachovia Bank, N.A., 2008 U.S. Dist. LEXIS 49388 (S.D. Fla. June 27, 2008)

Middle District: Eye Care Intern., Inc. v. Underhill, 92 F. Supp. 2d 1310, 1316 (M.D. Fla. 2000)

[2] Defenses to Claim for Accounting

(1) Fla. R. Civ. P. 1.110(d) (pleading affirmative defenses), and other standard defenses. See § 60.

(2) Statute of Limitations: § 95.11(3)(k), Fla. Stat. (four years).

(3) Simple transactions concerning small amounts of money do not give rise to claim for accounting. See Bankers Trust Realty, Inc. v. Kluger, 672 So. 2d 897, 898 (Fla. 3d DCA 1996).

(4) Agency relationship does not allow agent to bring accounting claim against principal. See Kee v. National Reserve Life Ins. Co., 918 F.2d 1538, 1541 (11th Cir. 1990).

(5) One must prove entitlement to an accounting before an accounting may be performed. Soler v. Secondary Holdings, Inc., 832 So.2d 893 (Fla. 3d DCA 2002).